http://techcrunch.com –
Yahoo today reported its financial results for the third quarter of 2012, its first full quarter with new CEO Marissa Mayer at the helm. Mayer is back at work full-time after taking a short maternity leave following the birth of her first child, and is expected to speak about the financial results on her first conference call with Yahoo investors as CEO later this afternoon.
In all it was a solid quarter for Yahoo: The company made $1.2 billion in GAAP revenue, down slightly from the $1.22 billion it posted in the second quarter of 2012 and down one percent year-over-year from the $1.217 billi
(IT news)

Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson’s “ResumeGate”, Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer took the helm as CEO back in July, finally Yahoo had a cause for optimism.